German Chancellor Olaf Scholz belatedly joined his European colleagues in Budapest for their first talks since news of both Donald Trump's election win in the United States and the sudden prospect of early elections in Germany.

German Chancellor Scholz is facing pressure to hold a confidence vote after he fired his minister of finance this week and faces a collapsing government that no longer holds a majority in parliament.

German Chancellor Olaf Scholz on Friday said he was prepared to negotiate over the date of a vote of confidence in his government, after the collapse of his three-party coalition sparked a political crisis in Berlin.